Metro of the Month: Las Vegas

Millions of professionals flock to Las Vegas each year for meetings and conventions, and the Society for Human Resource Management is once again part of that group in 2015. Corporate gatherings are big business in Las Vegas, where tourism and related travel activity represent the heart of the metro region’s economy.

More than 41 million visitors came to Las Vegas in 2014, according to the Las Vegas Convention and Visitors Authority (LVCVA). Of that group, more than 5.1 million were convention delegates. The city hosted more than 22,000 conventions and meetings in 2014, resulting in an economic impact of $7.4 billion.

With such a sizable tourism and convention presence, it is perhaps no surprise that the leisure and hospitality sector is the largest segment of the local private sector labor force, with about 280,000 workers that belong to that industry.

However, much of the labor force’s future growth in Las Vegas is connected to the construction sector. The top three fastest-growing occupations from 2012-2022 will be cement masons/concrete finishers, roofers, and cost estimators, according to State of Nevada data.

To learn more about other metro economies, please go to:

SHRM Metro Economic Outlooks

 

 

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